-Livemint.com While the industry Ebitda margin is expected to touch pre-pandemic level this fiscal, MSMEs in more than half the sectors will buck the trend. The performance is also underwhelming in the context of corporate India, which is expected to log a 10-14% increase in revenue and Ebitda margin of 19-20% NEW DELHI: More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost over 3% market share due to...
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Hanging by a thread: Gujarat’s textile industry -AM Jigeesh
-The Hindu Textile traders and cotton farmers say they’re suffering unprecedented losses. For a State half whose population is linked to textiles, such a crisis could have far-reaching consequences. With the Assembly polls scheduled in Gujarat later this year, A.M. Jigeesh explores whether this financial adversity could have political repercussions Hours after the Goods and Services Tax (GST) was launched at a midnight gala on June 30, 2017, a 38-year-old textile trader,...
More »70 per cent of 10-year-olds in 'learning poverty', unable to read and understand a simple text
-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the World Bank,...
More »Global hunger crisis pushing one child into severe malnutrition every minute in 15 crisis-hit countries
-Press release by UNICEF.org Ahead of G7 summit, UNICEF appeals for US$1.2 billion to meet urgent needs of 8 million children at risk of death from severe wasting NEW YORK, 23 June 2022 — Almost 8 million children under 5 in 15 crisis-hit countries are at risk of death from severe wasting unless they receive immediate therapeutic food and care – with the number rising by the minute, UNICEF warned today as...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
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